PICKLES HOLDINGS CO.,LTD.【JP:2935】Stock Price

Pickles Holdings was established on September 1, 2022, as a holding company for Pickles Corporation. The company manages its subsidiaries and affiliated companies and handles related operations.

The Pickles Holdings Group consists of 14 subsidiaries and 3 affiliated companies, centered around the parent company. Its primary business includes the manufacturing and sales of lightly pickled vegetables and prepared foods, as well as the sales of pickled vegetables. These operations are treated as a single business segment.

According to the company's organizational chart, Obana Foods Corporation was absorbed and merged into Pickles Corporation on March 1, 2024. Additionally, Pickles Corporation Sapporo is scheduled to undergo a similar merger on December 1, 2024. Furthermore, Pickles Corporation Nagano changed its company name to Alicia Foods Corporation on March 1, 2024.

Pickles Holdings is pursuing several strategies to achieve sustainable growth. First, the company is strengthening product development, advancing new products that address individual consumption and health-conscious trends. In particular, it is focusing on developing new products utilizing its proprietary lactic acid bacteria.

The company is also expanding its sales areas, targeting increased market share in the western Japan region. This includes leveraging factories in Saga, Kyoto, and Hiroshima to strengthen supply capacity. Additionally, the company is expanding into new retail channels at drugstores and mass-market retailers.

Pursuing new business ventures is another key strategy. Beyond foodservice and retail operations, the company is entering new fields including frozen food development and agricultural business. Through this diversification, the company aims to expand its business domains and diversify revenue streams.

Pickles Holdings has set targets of consolidated net sales of 43,000 million yen and consolidated operating profit of 1,700 million yen by 2028. To achieve these targets, the company is advancing product development, cost reduction, and operational efficiency improvements to drive sustainable growth.

The company is strengthening quality management through JFS-B, a food safety standard. Additionally, through ESG and SDGs initiatives, the company aims to contribute to realizing a sustainable society. This approach builds consumer trust and fulfills the company's social responsibility.